After reaching three-month highs on a better-than-expected jobs report last Friday, the Dow Jones Industrial Average
Turning back to domestic events, Walt Disney
In the latest potential case of banking fraud, the New York State Department of Financial Services accused British bank Standard Chartered of laundering money for Iran. The allegations shaved 23% of the bank's share price, despite the bank's strong rejection of the charges.
Market watchers can also expect an update on founder Richard Schulze's offer to buy out Best Buy
Only one economic report is due out today. The Federal Reserve releases its consumer credit report at 3 p.m. EDT, although this report rarely affects markets, as it trails other consumer spending indicators. Analysts believe consumers borrowed $10 billion in June, down from $17.1 billion in May.
Bank shareholders may not be surprised to hear the latest news from Standard Chartered. Luckily, there's still one "too big to fail" bank that plays by the traditional lending rules and avoids excessive risk. Find out which one it is in our newest special free report: "The Only Big Bank Built To Last." You can get your free copy of the report by clicking right here.
Fool contributor Jeremy Bowman holds no positions in the companies above. The Motley Fool owns shares of Walt Disney and Best Buy. Motley Fool newsletter services have recommended buying shares of Walt Disney. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.